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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: isopatch who wrote (30842)5/14/2003 11:16:48 AM
From: Art Bechhoefer  Respond to of 36161
 
>>before this major bull trend in energy is over<<

As a long term investor in CHK, I'm wondering whether the stock, at almost $9.50, is nearing a plateau. The company has a great hedge program that has helped out in the past, and it has acquired some good properties. But the real question is whether oil and nat. gas prices will remain at or near current levels. If so, CHK and other producers may continue to do well. Do you think we're near a selling point?

Art Bechhoefer